Friday, August 6th, 2010
Did you know that if your spouse is not working, they still have a tax-free allowance you can use as part of your financial planning? In a few simple steps, you can make up to £6,475 of income from your savings or investments tax-free. Who said marriage had to be taxing? Read More
Tags: Avoid Tax, Efficient Tax Planning, Financial Planning, Financial Planning Advice, Income Tax Allowances, Independent Financial Advice, Savings
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Wednesday, June 2nd, 2010
Elderly care home residents could face a hefty capital gains tax bill on selling their home. Are you or your family affected? Click on headline to read more.
Tags: Avoid Tax, Best Mortgage Deal, Capital Gains Tax, Certified Financial Planner, Critical Illness Insurance, Efficient Tax Planning, Financial Planning, HMRC, Pension Transfers, Pensions Annuities, Repossessed Spanish Property, Tax, Tax Guidelines
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Monday, April 12th, 2010
The new tax year, which began on 6th April 2o1o, offers a golden opportunity for tax savings. Make use of your brand new tax allowances to fine-tune your financial planning, and minimise tax. With financial advice you can streamline your savings strategy by getting the best savings rate and fully utilising your ISA cash allowances. You can ensure you take advantage of your allowances for Capital Gains Tax, if you are selling an asset. You can plan to maximise tax reliefs from pensions contributions. You can gain 30% tax relief on investments in Venture Capital Trusts (VCTs). You can take the necessary steps to avoid 40% Inheritance Tax on wealth passing to your children and heirs. If you are an employer, you can plan for the upcoming government NEST scheme, which will require you to have, or set up, a pensions department that offers a pension to all employees.
Tags: Avoid Tax, Best Mortgage Deal, Capital Gains Tax, Cash ISA, Cash ISAs, Certified Financial Planner, Chartered Financial Planners, Cheap Life Insurance, Critical Illness Insurance, Debt Management, Efficient Tax Planning, Enterprise Investment Scheme, future energy supply, Gareth Flanagan, Individual Voluntary Arrangement, Inheritance and Tax Planning, Inheritance Tax, Inheritance Tax Advice, ISAs, Maximum Pension Contribution, NAEA, Online Mortgage Deals, Pension Savings, Pension Schemes, Pensions, Personal Tax, Private Pension, Professor David MacKay, Reclaim Capital Gains Tax, Remortgages, Repossessed Spanish Property, Savings, State Pension, Stocks & Shares ISA, VCT, Venture Capital Trusts
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Tuesday, March 23rd, 2010
Through lack of financial planning and financial advice, we overpay £9 billion every year to the taxman. No surprise, then, that those who take an hour a month for financial planning tend to be better off than those who don’t, Axa reveals.
Tags: Avoid Tax, Best Mortgage Deal, DWP, Enterprise Investment Schemes, Financial Advice, Financial Planning, HMRC, Investment Bond, Mortgage Advice, Repossessed Spanish Property
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Monday, February 9th, 2009
“Tax doesn’t have to be taxing”. YES it does. There is no nice way of putting this – it has to be paid. However there are ways in which we can avoid paying as much or reclaim what we have paid. Here are a few examples. Invest in an ISA to ensure that you do [...]
Tags: Avoid Tax, Best Mortgage Deal, Critical Illness Insurance, Debt Management Advice, DWP, Efficient Tax Planning, EIS, Enterprise Investment Schemes, Financial Advice, Pensions Planning, Private Pension, Professor David MacKay, Repossessed Spanish Property, Tax Relief, VCT, Venture Capital Trusts
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